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on fox news then election night yourself -- itself. we will be there as long a it takes. we have a great caterer. >> myths about disaster. >> it is not her fault to the economy. >> i should do this. >> this super pac is going crazy. >> myths about the election. >> neil: the auto industry zero argoankrupt? >> and that is our show tonight. john: tonight we exploded duty night about elections and a natural disaster. i am told hurricane sandy is proof we need a powerful federal government, the fema to provide emergency management. the just makes sense. disaster across state lines who but the fed can help? the new york times declared a big star requires big government. very few politicians are skeptical. it is a relief to turn to ron paul. doctor, it is of myths that we need fema? >> i think so. it causes more harm than good. we handle plus a disasters 204 years before we had fema i have taken this position for a long time since the was first in office and i kept getting reelected because people were tired of fema. locked into insurance and it is a bureaucracy. they just takeover. joh
single one of them. liz: call it a lucky streak. began with the election of abraham lincoln, victories for harrison, hoover, mckinley, eisenhower and reagan. we'll see if we make-or-break the cycle. david: have a wonderful weekend. melissa: i'm melissa francis and here's what's money tonight. bone dry. the gas crisis deepens. officials say receive is on the way but the shortages could keep spreading before things get better. "money" covers all the angles. >>> plus, tempers reach a breaking point in the post-storm aftermath. the power is still out and supplies are dwindling. could civil unrest be far behind? we'll talk to one business owner who says order is unof ravelling fast. >>> a firestorm erupt over the new york city marathon, generators, water, valuable resources are being used while countless new yorkers are still suffering. the mayor says the race will go on. i think it is crazy. a legendary marathon runner is here exclusively to disagree with me. even when they say it's not it is always about money melissa: all right. first let's take a look at the day's market head
're on the threshold, we're in a month that actually has pretty low gas leap demand, pretty near election time. melissa: i know you're one of the best guys i know about following prices in various areas. already new jersey officials are launching an investigation into potential price gauging you see people lined up for two hours in jersey, the guy that owns the station will raise the price. kind of makes sense of the people really want what he has. is there price gouging going on do you think? >> i haven't seen it. at this i think mostly about people panicking and believing they need to buy fuel and thinking it will not be there a week or so from now. you have to remember the region is under the microscope. the oil industry is under the microscope. there is an election on tuesday. so people are going to critsizes politically because probably to benefit of republicans and democrats to demonize the industry. so far the prices have been flat for the most part. the footures market rose very robustly but dropped off. crude oil prices are as low as they have been in more than a year. melissa: it is not just
the election comes in strong but still may not be enough to make a difference on election day. we'll break that one down. more "money" coming up. ♪ gecko (clearing throat) thank you, mr. speaker, uh, members of coness. in celebration of over 75 years of our government employees insurance company, or most of you know it. ...i propose savings for everyone! i'm talking hundreds here... and furthermore.. newcaster: breaking news. the gecko is demanding free pudding. and political parties that are actual parties! with cake! and presents! ah, that was good. too bad nobody could hear me. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ . melissa: so we just got word power is finally back in the east village in the lowe east side in new york city but looting and mayhem hit the streets over the last few days. there were even reports of the guard yen angels out protecting the streets. with me, with his stories is edward, chef and owner at eddie and wolf a local hot spot in manhattan's lower east side. thanks so much for joining us. what do you see over
. unemployment for him peaked at 10.8%. at this point when he was running for re-election in the third quarter, he had his recovery going better than 6%. he had the economy growing three times a fast as mr. obama. the important message here it doesn't have to be this way. it is bad stewardship. it is just lousy leadership and policies that are essentially supportering growth. melissa: yeah, so true. peter, you're so smart. thank you for coming on the show. we appreciate it. >> see you again soon. melissa: time now for today's el gauge report breaking down the biggest headlines affecting the energy industry and their impact on the economy. hurricane sandy gave oil price as boost. crude settled up 23 cents at 86.28 a barrel. that is still 4% decline on the week. meanwhile natural gas futures fell in anticipation of the supe storm. that is because concerns over power and refinery outables helped lower the outlook for demand. >>> this one is absolutely nuts. german windmills are putting central your peep power grids at risk of blackouts. there is so much electricity being generated, the grids are
money. it is an important election but they may lead and. not if we could stay here and order room service. tamara we have rudy guiliani. this weekend melissa: i'm melissa francis. here is what is "money" tonight. more than six million people without power in sandy's wake. all of those above-ground power lines are largely to blame for this. we'll dig in why we still have those. >>> plus do you think the richay their fair share of taxes? what if we told you they're paying more than ever before? "the wall street journal" steve moore is here with all of the facts. >>> thanks but no thanks. new york city mayor bloomberg tls president obama, not to visit the big apple after the storm. i say thank goodness. but one of my guests says bloomberg is way out of bounds. he is here to disagree with me. even when they say it's not, it is always about money. melissa: first after a two-day hiatus, let's look at market headlines. wall street swung back into gear on the first day of trading since superstorm sandy. stocks were choppy throughout the session. they closed mixed throughout the day. dow c
for the presidential campaign and it could turn the outcome of the election on its head. >>> the odds of catastrophic damage from the storm are high but there could be a silver lining for he economy. even when you think it's not, it is always about money. melissa: so our top story tonight of course hurricane sandy ripping up the east coast, 90 mile-an-hour winds. storm surges up to 11 feet. hundreds of thousands of people right now without power. the national guard now on the streets of manhattan. train, buses and subways shut down in cities from boston down to d.c. our robert gray is in downtown new york city. robert, what is happening down there? >> well, melissa, the storm is certainly starting to pick up in its intensity a little bit here in battery park at the southern tip of the island of manhattan. we're seeing the gw and vary sauce -- verrazano bridges are being shut down. make your plans accordingly. there is no public transit all day. the water is making its way back in. the swales came its way in and entire sidewalk area i'm standing on was filled all the way up to water with the stairs.
of the election? because a lot of people want to bet one way or other or are those positions already in? >> i think they're in. listen, this election almost changes every hour. so i think if you're betting ahead on the election result i want to know what you know because certainly looks like is it could go either way. the market, whenever we get a result, obama or romney goes up the because i think it is clarity. market likes clarity. liquidity is good i think to get in ahead of the election. melissa: you think we'll see selling tomorrow but it will be pretty muted, not a lot of downward pressure is that your bottom line? >> i expect a lot of volume first 30 minutes and 60 minutes into the trading as people reposition to close up books for the month but overall i don't think it will be a huge day. melissa: that is another huge factor tomorrow is the end. monday and its halloween and it will be spooky no matter what. scott, thanks very much. >> keep it scary, melissa. melissa: president obama proposing, speaking of scary, a secretary of business, cabinet position. who doesn't want government m
to disagree with me. more coming up. ♪ . melissa: so it is the final stretch to six days till the election and the tax debate is getting even louder. the major battle cry from the left whether the rich pay enough in taxes. "the wall street journal"'s steve moore knows all about this in his brand new, super fantastic book, who's the fairest of them all? i love it. he breaks down the truth on taxes an even more. steve, i want to talk to you all about your fantastic book which everyone should order immediately. i want to ask you quickly, do you think superstorm sandy will affect the accuracy of friday's jobs numbers? what do you think?. >> we may see a slight downturn in jobs numbers as a result of the storm because employers are not hiring while there is a big storm going on. i think the big story on the jobs report on friday, i think it is humongous, it may be one of the most important jobs report in american history because it could decide the outcome in this election. if we see unemployment rate go back up to 8% which i think it could because we had a artificial bump up in the number of j
Search Results 0 to 9 of about 10 (some duplicates have been removed)